Tag Archives: EUR/JPY

UBS Morning Adviser

TSF figures losing relevance for Australia The RBA minutes overnight affirmed the effects of expansionary policy but warned the economy was below-trend.

Daily Market Technicals

EUR/USD remains above the former channel top with daily stochastic study remaining firm but other studies approaching overbought levels.

Technician

EUR/USD: Momentum is slightly pro-growth. Weak momentum does not favor further growth, return to moving averages and consolidation still seems more likely.

Daily Technical Report

EUR/USD is close to the key resistance at1.3739. Hourly supports are given by 1.3657(intraday low) and the short-term rising channel(around 1.3616).

UBS Morning Adviser

Case Builds For Further BoJ Easing Suddenly it all seems to be going wrong for USDJPY.

EUR/USD rose sharply yesterday and hassucceeded in making higher highs. Monitor thekey resistance at 1.3739. Hourly supports aregiven by 1.3657 (intraday low) and the short-termrising channel (around 1.3595).

FX Daily Majors

Today’s highlights: GBPUSD stays on course for the measured target from its medium-term base at 1.6691, potentially the 1.6748 peak of 2011.

UBS Morning Adviser

Policy validation stems from removing the price expectations driver Forward guidance was never going to be uniform across the distinct policy constructs of individual central banks,

Daily Market Technicals

EUR/USD rebreaks the channel top to close above the high from Feb 11, daily studies remain bullish but now nearer overbought. Resistance now at the $1.3700 level from a number of daily highs and lows,

Why the JPY won’t weaken

Trade up to JPY strengthExternal balances became fashionable once again in the FX market during 2013.

Daily Technical Report

EUR/USD significantly weakened yesterday,suggesting a pickup in selling pressures. A breakof the hourly support at 1.3552 would open theway for a further decline towards the support at1.3477.

FX Daily Majors

Today’s highlights: EURGBP’s collapse from the .8351/66 barrier keeps us bearish and turns attention back to key support at .8165/55.